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Feb 27, 2013
02/13
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>> scott, atlantic city and its 12 casinos all winners. at least in the near term. second largest gaming market in the u.s., ac's $3 billion in revenue last year, 43% below the peak in 2006. any additional business is welcome. the two biggest players in the market to benefit the most from the addition of online players, caesars with four worked out but basically only licensed casinos will be able to run the jn line operations. to play, residents will likely to to register as they do in the uk where on-line gambling is legal. it will take another 6 to 12 months for it all to get up and running. pay-off? 1.5 billion added to fis al in 2015. uncertainty about demand in the garden state and questions about whether on-line betting will hurt the brick and mortar business and questioning whether on-line gaming is enough to save ac's casinos. new competition from properties on-line in baltimore and d.c. wi will hurt them. the state and casinos can't bet on that yet. back to you, scott. >> mary, thank you very much. we saw zynga get the nevada pop the other day pip think you
>> scott, atlantic city and its 12 casinos all winners. at least in the near term. second largest gaming market in the u.s., ac's $3 billion in revenue last year, 43% below the peak in 2006. any additional business is welcome. the two biggest players in the market to benefit the most from the addition of online players, caesars with four worked out but basically only licensed casinos will be able to run the jn line operations. to play, residents will likely to to register as they do in...
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Feb 26, 2013
02/13
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they intend to roll out the first store in new york city. that's not for a while now. but more important they're spending big on the nordstrom website. nordstrom's is moving aggressively into mobile. last year, mobile devices accounted for a fifth of the total sales and it grew at a 31% clip last quarter. it can help the stock to continue to power higher in a world where everyone gets 3 and 4-g. the next gatsby component, how about ralph lauren. maybe this isn't the best example. this is the premiere high end apparel brand. nothing says preppy like polo. they earned 240 a share. these companies are doing better even if their stocks aren't. and it gave very healthy guidance for 2013. this is what happens when you have a brand that's perceived to be on the high end of things. the money flows in because people cannot resist a little conspicuous consumption. this can be a perilous game. look at coach. they're a dog because they're widely perceived as having fallen behind on the style curve with its merchandise. i don't think ralph lauren will fall prey because they have st
they intend to roll out the first store in new york city. that's not for a while now. but more important they're spending big on the nordstrom website. nordstrom's is moving aggressively into mobile. last year, mobile devices accounted for a fifth of the total sales and it grew at a 31% clip last quarter. it can help the stock to continue to power higher in a world where everyone gets 3 and 4-g. the next gatsby component, how about ralph lauren. maybe this isn't the best example. this is the...
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Feb 1, 2013
02/13
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i don't own it at the moment. i really like citi and bank of america. i like the investment banks and the small investment banks as well >> you think we'll get some dividends, anton? >> i think everybody is increasing already. already got amountment out of comerica and bbmt so we'll continue to get dividend increase. >> jamie dimon said that's the plan, we'll raise the diffidents so he shuttinged the buyback might be smaller than a year ago. fred, break it down for us. what do you like in terms of the bank stocks, and what do you want to avoid here? >> the ones from the beginning of the story, never will they get back to the pre-peaks. the reason why we won't get to the pre-peaks is the big issuance during the crisis. what do we have the best outlook for and that's restructuring. going forward that's citigroup. our number one pick in that space. looking away, this interest rates environment is tough on earnings. at anton say, looking for capital higher rates. we'll bev it there. thanks for having you on the prom. bank stocks long a lowered for this mark
i don't own it at the moment. i really like citi and bank of america. i like the investment banks and the small investment banks as well >> you think we'll get some dividends, anton? >> i think everybody is increasing already. already got amountment out of comerica and bbmt so we'll continue to get dividend increase. >> jamie dimon said that's the plan, we'll raise the diffidents so he shuttinged the buyback might be smaller than a year ago. fred, break it down for us. what do...
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Feb 1, 2013
02/13
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one of the few losers today down almost 3%. likely on continuation from its earnings earlier in the week. stock also getting hit with multiple downgrades over the last few days. interesting that those high flyers in technology like facebook and apple are down on a day where the markets are up so significantly the dow up 139. the moment you've all been waiting for in honor of jobs friday. we've been asking our viewers to tweet us their week long, all week long their guess estimates of today's jobs number. a couple of you actually nailed the number but only one got the entry in first. adrian texiera trader, father of three boys from pembroke pines, florida tweeted in exactly 157,000 early thursday. couldn't join us this morning but did tell us earlier he plans to hang the blanket in his office. congratulations to you. that's it for us on this dow 14,000 day. as we hit noon let's get to fast money halftime over at post 9. >> thanks, carl, a special edition of halftime today live from the new york stock exchange where we've watched
one of the few losers today down almost 3%. likely on continuation from its earnings earlier in the week. stock also getting hit with multiple downgrades over the last few days. interesting that those high flyers in technology like facebook and apple are down on a day where the markets are up so significantly the dow up 139. the moment you've all been waiting for in honor of jobs friday. we've been asking our viewers to tweet us their week long, all week long their guess estimates of today's...
SFGTV2: San Francisco Government Television
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Feb 8, 2013
02/13
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SFGTV2
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helped the city recover from the big earthquake of 1906. guy mo roller who was the founder, established the opera in san francisco, by the way there's an italian directing the opera and laurence fergetty and 93 and good friend of the community. he is the father of the b generations and the guy that started the culture revolution of the 60's and 70's so in many ways italians have made lasting contribution to this city and the silicon valley. there is an important engineer that developed the first micro prosser for intel, so it's a tremendous foundation to celebrate italian culture 2013. also i was reminded by our pastors that san francisco gets its name from an italian man and holly man. it is noted. >> >> for kindness and compassion and generosity and i think these are traits that this city has adopted and made its own traits , so this is not to be under scored, not to be forgotten. what are we going to do in the coming year? basically we have three principles, three guidelines. we want to show beauty and arts. i guess beauty and harmony ev
helped the city recover from the big earthquake of 1906. guy mo roller who was the founder, established the opera in san francisco, by the way there's an italian directing the opera and laurence fergetty and 93 and good friend of the community. he is the father of the b generations and the guy that started the culture revolution of the 60's and 70's so in many ways italians have made lasting contribution to this city and the silicon valley. there is an important engineer that developed the...
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Feb 9, 2013
02/13
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city. the traders and the weather outside is indeed frightful. trust me. but the returns from the stock market are down right delightful. the dow flirting with the 14,000 level. and the nasdaq new 12-year highs. so the question, is it too late to get in? let's find out. mike, it's interesting the s&p right now is almost close to the targets of a lot of strategists on wall street. we're almost there. >> you wonder whether you should get worried when the analysts are having a hard time keeping up the market. i understand why people would be bulls. talk about the divergence between corporate earnings and the foot is firmly on the gas pedal. and they say people are underinvested. i don't buy any of those. if the fed has their foot on the gas pedal, they could take it off. as far as everybody being underinvested, goldman sachs indicated they have 40 to 45% of their assets in equities already. when i look at the dow chart, ten-year chart, looks to me like it could be forming a double top. look at
city. the traders and the weather outside is indeed frightful. trust me. but the returns from the stock market are down right delightful. the dow flirting with the 14,000 level. and the nasdaq new 12-year highs. so the question, is it too late to get in? let's find out. mike, it's interesting the s&p right now is almost close to the targets of a lot of strategists on wall street. we're almost there. >> you wonder whether you should get worried when the analysts are having a hard time...
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Feb 20, 2013
02/13
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i like the stock. >> what's the scoop on citi? >> same story there. citi has a massive unlocked amount of value if they decide to break up and financials have been leading and will be leading. stay long but have protection underneath in the form of putting. >> all right. final trades up next. ty, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and thousands of qualified technicians. we've got a personal passion to help your business run safer, smarter, and sharper. we are tyco integrated security. and we are sharper. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's
i like the stock. >> what's the scoop on citi? >> same story there. citi has a massive unlocked amount of value if they decide to break up and financials have been leading and will be leading. stay long but have protection underneath in the form of putting. >> all right. final trades up next. ty, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and thousands of qualified...
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Feb 9, 2013
02/13
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another big concern especially in some of the areas outside of the city is a loss of power. these winds are going to get to hurricane strength in some areas, and that's going to threaten the power lines. now, over the last day or day and a half, we've obviously seen a run on all of the hardware and home improvement stores in this area. but also the grocery stores. people getting the food they need to sustain themselves for several days, saying they realize they will probably be in their homes for an extended period of time. that's the very latest here in boston. i'm jay gray, nbc news. now back to you. >> all right. many thanks to jay gray. we appreciate it. >>> now, the president might have some senate democrats on his side as they scramble to find replacement cuts for the march 1st across the board sequester. but according to the latest from ace pollster scott rasmussen, only 36% of likely voters think oklahoma should find a way to stop the automatic cuts from going into effect. scott rasmussen, founder and president of rusmussen report joined me. scott as always welcome b
another big concern especially in some of the areas outside of the city is a loss of power. these winds are going to get to hurricane strength in some areas, and that's going to threaten the power lines. now, over the last day or day and a half, we've obviously seen a run on all of the hardware and home improvement stores in this area. but also the grocery stores. people getting the food they need to sustain themselves for several days, saying they realize they will probably be in their homes...
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Feb 9, 2013
02/13
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in the city? >> right. a good question. the city has set a goal of reducing private auto trips. it's part of the transportation agency's overall strategy. to reduce auto trips, the next five years, by about 11%. how will they do that? they'll grow transit trips. they'll grow bicycling. walking, taxi car trips and car share. there's a method to get to that. what i would say, particularly with things like parking, there's a goal to really think about parking management. how do we have more parking turnover so people aren't necessarily sitting in one space all day but turning over so businesses are getting more customers? >> when you look at san francisco, and some of the things we've done here in the city to make biking more popular, and it does seem to be working, how do we compare? how do we stack up with other cities of a similar size? >> we're doing pretty well, but we're not at the top of the list. we have place like portland that have higher bike ridership number than our own. we have places l
in the city? >> right. a good question. the city has set a goal of reducing private auto trips. it's part of the transportation agency's overall strategy. to reduce auto trips, the next five years, by about 11%. how will they do that? they'll grow transit trips. they'll grow bicycling. walking, taxi car trips and car share. there's a method to get to that. what i would say, particularly with things like parking, there's a goal to really think about parking management. how do we have more...
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Feb 27, 2013
02/13
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. >> on the day the city celebrates, san francisco cut the ribbon on what will be the new $90 million cruise ship terminal. >> who could have an issue here? >> who else but neighbors? people that live on telegraph hill? behind me, you see the building. it becomes san francisco's new cruise ship terminal. in the meantime, however, there will be concerts on the area here. neighbors on telegraph hill worried about noise. >> i have been contacted by some people in the neighborhood in the last three days. they want to set up a picket line on the america's cup. >> the problem being a series of summer concerts. telegraph hill residents expect aid few of them for small crowds but last week learning the city had plans to make the concert permanent when asking the mayor about it today, he seemed unphased. >> well... we'll work with communicating on the concerts. i think locals would love to experience that. >> residents want to know why should they bother? concerts would be less than a block away. >> if they can just turn it that, would be helpful. >> not if you flif oakland. >> well... >> the
. >> on the day the city celebrates, san francisco cut the ribbon on what will be the new $90 million cruise ship terminal. >> who could have an issue here? >> who else but neighbors? people that live on telegraph hill? behind me, you see the building. it becomes san francisco's new cruise ship terminal. in the meantime, however, there will be concerts on the area here. neighbors on telegraph hill worried about noise. >> i have been contacted by some people in the...
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Feb 26, 2013
02/13
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chicago is a very diverse city. it's got in many businesses. >> thanks very much. >> terry duffy is going to weigh in on the branson/yahoo! brouha half. virgin founder slapping yahoo! ceo marisa meyer's no work from home policy. it's an uncommon tact. did branson break some sort of unwritten ceo code? >> we'll talk about that, and then later what will move your money tomorrow? three of wall street's top stock pros on whether this rally will continue. stick around for that. [ male announcer ] any technology not moving forward is moving backward. [ engine turns over, tires squeal ] and you'll find advanced safety technology like an available heads-up display on the 2013 lexus gs. there's no going back. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio sum
chicago is a very diverse city. it's got in many businesses. >> thanks very much. >> terry duffy is going to weigh in on the branson/yahoo! brouha half. virgin founder slapping yahoo! ceo marisa meyer's no work from home policy. it's an uncommon tact. did branson break some sort of unwritten ceo code? >> we'll talk about that, and then later what will move your money tomorrow? three of wall street's top stock pros on whether this rally will continue. stick around for that. [...
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Feb 24, 2013
02/13
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the action begins right now. >>> live at the nasdaq in new york city's times square, i'm melissa lee. these are the traders. stocks break their losing streak. the dow closing with over 100-point gain breaking its two-day losing streak. is this healthy price action or is there something amiss in the markets? let's find out right now. it was a tough week for home builders, retailers and autos. they are surfacing about the strength of the consumer. >> we saw disappointing results out of home builders, like toll brothers earlier in the week. we saw them with retailers. the automakers had a tough week. the fed has been doing what they have been doing. we got the minutes from the last meeting. a little more dissent than some people had expected. at some point, they are going to take their pedal off the metal. if you continue to have the head winds that we do right now, we are facing a sequester, we have $4 gas at the pump, payroll tax increase. some guys told us this is hurting their sales. at some point, something has to give. i'm not sure at five-year highs if we can continue to go up. >>
the action begins right now. >>> live at the nasdaq in new york city's times square, i'm melissa lee. these are the traders. stocks break their losing streak. the dow closing with over 100-point gain breaking its two-day losing streak. is this healthy price action or is there something amiss in the markets? let's find out right now. it was a tough week for home builders, retailers and autos. they are surfacing about the strength of the consumer. >> we saw disappointing results...
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Feb 18, 2013
02/13
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country, and he's trying to get dhl to at least donate the air park to the city. >> there's hurt. there's a sense of betrayal. >> "betrayal" is a strong word. >> dhl came in and made promises, and i don't think they lived up to their side of the bargain. that's the past. we can't dwell on that. we need to move forward. dhl, we hope, is going to help us with the air park. >> in the meantime, the sugartree ministry soup kitchen is expanding. >> we're actually building-- remodeling our room over here, adding 200 more seats. >> that would be about double what you're doing now. >> exactly, we should be able to feed about 350 people a day. >> you can talk about possible medical options. >> dhl workers in their meetings just heard that the state unemployment benefit fund went broke last week. the federal government rushed in with an emergency loan of $500 million just to keep the checks coming. the feds are also spending $4 million here to train workers in computer skills, but that doesn't mean there will be jobs. the laid-off workers are guaranteed access to health insurance for a year
country, and he's trying to get dhl to at least donate the air park to the city. >> there's hurt. there's a sense of betrayal. >> "betrayal" is a strong word. >> dhl came in and made promises, and i don't think they lived up to their side of the bargain. that's the past. we can't dwell on that. we need to move forward. dhl, we hope, is going to help us with the air park. >> in the meantime, the sugartree ministry soup kitchen is expanding. >> we're...
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Feb 7, 2013
02/13
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as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is all about if that storm slows down, that's when we could take this number and push it back up. so that's the timing. again, timing on that is if the storm slows down into the sudden daytime frame and that means the tail end of the storm, rock land, rochester, put numb, that's when it goes up and up. you already have two feet, what's another foot, right? but with sizeable snow versus a damaging crippling snow, in terms of infrastructure, new york city is still on that time line. you will gome snow but the bull aeye that we have nailed down, we are
as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is...
SFGTV2: San Francisco Government Television
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Feb 3, 2013
02/13
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SFGTV2
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we want everybody included in the city. we have naomi kelly, harlan kelly, mohammed nuru, rhonda simmons heading upstreamly important departments. and i've got to say this. if we can't get the job done with these people in these important positions or some tremendous progress, i don't know where else to look because this is a great start. yes. (applause) >> but we also have tremendous help from people who are helping us create the policies and the accountability in all the different departments. melva davis, kim brandon, willie adams at the port, chuck collins, [speaker not understood], the reverend amos brown, denise tyson, linda richardson, sonya harris, patricia thomas, veronica honeycut, these are just the names of a few of our commissioners who are heading up those very important divisions of our city. and they are joining with me and with the supervisors and with the department heads to do what mrs. obama asked us to do. whenever we occupy these public positions throughout the city or throughout the state or throughou
we want everybody included in the city. we have naomi kelly, harlan kelly, mohammed nuru, rhonda simmons heading upstreamly important departments. and i've got to say this. if we can't get the job done with these people in these important positions or some tremendous progress, i don't know where else to look because this is a great start. yes. (applause) >> but we also have tremendous help from people who are helping us create the policies and the accountability in all the different...
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Feb 27, 2013
02/13
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you've got the baines and technology stocks in the lead here. economically sensitive doing well. most heavily traded, bank of america, nokia, cincinnati bell, ford motor, jpmorgan and citi. all among the big movers today in terms of volume. with overall volume today also picking up and volume has been, of course, picking this up week with -- with overall volume not looking overall so heavy today but certainly picking up in the last half an hour or so. all-time high, 14,164. we're very close to it right now. meanwhile, since months ago, value investor bob olstein told cnbc that amazon could drop 50% over the next few years. since then the stock has done well moving higher. that hasn't stopped olstein from staying bearish on the stock. in fact, now he's calling amazon a ticking bomb on valuation. he says the wrong price for investors is what they are looking at. surprised short sellers are not piling in on this stock. >> bob joins us now along with cnbc's gary kaminsky who is a bit more positive on amazon, and, bob, we certainly want to get your take on the rally at large as we mar
you've got the baines and technology stocks in the lead here. economically sensitive doing well. most heavily traded, bank of america, nokia, cincinnati bell, ford motor, jpmorgan and citi. all among the big movers today in terms of volume. with overall volume today also picking up and volume has been, of course, picking this up week with -- with overall volume not looking overall so heavy today but certainly picking up in the last half an hour or so. all-time high, 14,164. we're very close to...
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Feb 12, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> only 25 minutes before tim cook addresses the goldman sachs technology conference. we'll break down what we can expect to hear from cook and what does it mean for apple stock today. great to see you. >> hello. >> what are you expecting to hear from cook today? >> yes. he's going to speak at the conference and we don't think he'll get into too much details over there. at this point, where the stock is, we think he'll address two things. strategy and products. they said they're actively looking at the cash balance. we expect them to increase dividends and have more buybacks. we think he's not going to get into details, but they're going to indicate their willingness to do that. on new products, they'll definitely talk about new products before the actual launch. but i think he's going to talk about the confidence in the new product pipeline. >> do you think that tim cook's playbook will change a little bit, given the pressure that he might be feeling from sharehold
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> only 25 minutes before tim cook addresses the goldman sachs technology conference. we'll break down what we can expect to hear from cook and what does it mean for apple stock today. great to see you. >> hello. >> what are you expecting to hear from cook today? >> yes. he's going to speak at the conference and we don't think he'll get into too much details...
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Feb 15, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to the "fast money halftime report." the battle for your burger. burger king expects better than profits. pete says burger king is the better buy. let's settle the beef between traders. pete you're up first. >> when you look at burger king what they are doing is taking something out of mcdonald's playbook. what they are attacking, they are looking at them and say what worked for you part is global expansion. they reinvent ad lot of what they are doing in the stores reimaging themselves. when you look at their menu they are getting very aggressive. they got themselves into coffee. lattes. you're seeing some results. >> the story sounds good. the problem is they haven't shown top line growth. they haven't been able to grow revenues. mcdonald's still has 10% earnings growth direction over the next two years. it has dividend yield of 3% versus 1% for burger king. it has a cheaper valuation. most importantly the fries are just much better. the fries are s
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to the "fast money halftime report." the battle for your burger. burger king expects better than profits. pete says burger king is the better buy. let's settle the beef between traders. pete you're up first. >> when you look at burger king what they are doing is taking something out of mcdonald's playbook. what they are attacking, they are...
SFGTV2: San Francisco Government Television
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Feb 15, 2013
02/13
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the city. we know that a lot of our street shares are at risk -- street fairs are at risk of being given fees to death. we have completely outdated the planning commission like that mission how are used district, which makes it extremely hard to do anything alcohol related in a big swath of the mission. there was a bowling alley that wanted to go in at 17th and van ness and they were not going to be able to do it because they would have been banned from even selling beer. that is the tip of the iceberg in terms of planning provisions that make it hard to foster a knife in the city. we are not always consistent with how we deal with liquor licenses. they can vary in different parts of the city. i know the chief is working hard to establish more consistency. i just want to say that the chief of police is probably the most pro-nightlife chief of police we have ever had. i think he understands it on a personal level. i appreciate that. until recently, we did not have anyone at our office of economi
the city. we know that a lot of our street shares are at risk -- street fairs are at risk of being given fees to death. we have completely outdated the planning commission like that mission how are used district, which makes it extremely hard to do anything alcohol related in a big swath of the mission. there was a bowling alley that wanted to go in at 17th and van ness and they were not going to be able to do it because they would have been banned from even selling beer. that is the tip of the...
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Feb 4, 2013
02/13
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CNBC
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is there a direct relationship between the budget cut and the disaster at texas city? >> we believe there is. >> when 60 minutes on cnbc returns. [watch ticking] with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. and...done. did you just turn your ringer off so no one would interrupt us? oh no, i... just used my geico app to get a tow truck. it's gonna b
is there a direct relationship between the budget cut and the disaster at texas city? >> we believe there is. >> when 60 minutes on cnbc returns. [watch ticking] with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot...
SFGTV2: San Francisco Government Television
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Feb 11, 2013
02/13
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SFGTV2
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whenever we occupy these public positions throughout the city or throughout the state or throughout the nation, we do the right thing, we keep the doors of opportunity open and enriched for everybody else. and we're already seeing it happen. yesterday i was at the luncheon for the boys and girls club, wonderful, wonderful entity that's reaching out to all of our young high school kids and make sure they're motivated to go to college. you should have heard them talk about their futures. you should also hear them ask for our help, because i know as much as anybody else that our kids will inherit the good things that we do. they will also inherit the things that we fail to do. and i'm about making sure that we fail less in the things that we're obligated to do for our generations. that's why i'm investing in education. personally, and with all of my administration, i personally adopted the 12 middle schools in this city to make sure that the truancy goes down, is not eliminated, that the kids who are in our middle schools have the hope, the hope that we're generating when they were in elem
whenever we occupy these public positions throughout the city or throughout the state or throughout the nation, we do the right thing, we keep the doors of opportunity open and enriched for everybody else. and we're already seeing it happen. yesterday i was at the luncheon for the boys and girls club, wonderful, wonderful entity that's reaching out to all of our young high school kids and make sure they're motivated to go to college. you should have heard them talk about their futures. you...
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Feb 8, 2013
02/13
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CNBC
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on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been cancelled from yesterday, today and also for tomorrow as airlines try to get ahead of this storm. and, of course, there's an economic impact as well, but some economists have told me it could end up being a wash. you see people buying more ahead of the storm to stock you. we could see a whiteout shutting retailers down tomorrow, but at the end of the day it should be about equal. back over to you. >> jackie, thanks very much. let's check in on how the storm is affecting new york city itself. the weather channel's paul goodloe is there in times square. paul? >> well, here we've had a
on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been...
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Feb 15, 2013
02/13
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CNBC
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. just like you. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes poss
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you,...
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Feb 22, 2013
02/13
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CNBC
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apple's not even on the top 50 of citi's new global champions. >> really? >> apple's not even on the list. >> holy cow. >> but the question is, why should it be on the list? >> coach is on the list. >> nine times earnings. coach is on the list? >> should go buy coach. buy a man bag. >> man purse. >> are we saying that on the list, which i have here somewhere, that apple's not one of the best 50? >> best 50 what, though? >> listen, maybe that's the bottom. >> coach, cummins -- >> i like cummins. >> ebay. >> i like ebay. >> speaking of watches, you can get a fossil instead of a swatch. >> listen, man, fossil, i told you yesterday fossil is going to determine whether that apple watch is better than the google glasses. >> google's on the top 50 list. >> i believe that. >> i'm going to 1,001 right now. >> where is brian white? >> right. that almost -- i don't want to say it topped the stock. when you start to get the really far out there price targets on apple, that's when the cracks in the story started to really -- >> look, here's capital oil and gas. one of t
apple's not even on the top 50 of citi's new global champions. >> really? >> apple's not even on the list. >> holy cow. >> but the question is, why should it be on the list? >> coach is on the list. >> nine times earnings. coach is on the list? >> should go buy coach. buy a man bag. >> man purse. >> are we saying that on the list, which i have here somewhere, that apple's not one of the best 50? >> best 50 what, though? >>...
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Feb 21, 2013
02/13
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KQED
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what is the state of play between the rebels and the government right now in the city? >> well, yes, as you say, this is the third day we've seen bombings and mortars and targets inside the syrian capital. now i do know the syrian rebels have been trying to push in the past month but they remain severely outgunned by the syrian regime and what these mortar attacks and bombings suggest the that instead of immediate response the rebel forces are resorting more to attrition and loosening the government's grip on the capital. the attacks in the last few days have certainly shattered the sense of normalcy that the syrian regime has tried to maintain in damascus. >> warner: do the rebels control some parts of the city and if so which parts? >> the rebels control parts of the southern and eastern parts of the damascus. in the past month we've seen rebels try to push their way forward into damascus from the northeast and, in fact, they have seized several army checkpoints on the highway linking the capital with northern syria. but those advances have largely been reversed now a
what is the state of play between the rebels and the government right now in the city? >> well, yes, as you say, this is the third day we've seen bombings and mortars and targets inside the syrian capital. now i do know the syrian rebels have been trying to push in the past month but they remain severely outgunned by the syrian regime and what these mortar attacks and bombings suggest the that instead of immediate response the rebel forces are resorting more to attrition and loosening the...
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Feb 9, 2013
02/13
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CSPAN2
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the city of bridgeport, conn., which is one of the poorest cities in the country in pretty much everyone in between. my district also sets -- sits for miles south of the town called new town which unfortunately became a big part of the public imagination several weeks ago when the tragedy occurred there. one of the many things that happened to all of us, not just those of us who live close, but all of us in this country was in the face of unspeakable tragedy we felt, maybe for the first time in a long time the fact that we have a lot more in common than we have things separating yes. all the trivialities to all of the conceits kamal the day-to-day concerns that we have fallaway. we don't want that sort of thing to have to remind us of that bottom line fact. the truth is that all the issues we struggle with, whether medicare or social security, welfare of grandparents, whether it is how much we tax, invest, how good our system of education is to all of those things at their core is the notion that we want the same for the kids of bridgeport as the kids in greenwich. there's an awful lot m
the city of bridgeport, conn., which is one of the poorest cities in the country in pretty much everyone in between. my district also sets -- sits for miles south of the town called new town which unfortunately became a big part of the public imagination several weeks ago when the tragedy occurred there. one of the many things that happened to all of us, not just those of us who live close, but all of us in this country was in the face of unspeakable tragedy we felt, maybe for the first time in...
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Feb 8, 2013
02/13
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. >> we'll have more on the mayor's state of the city tonight at 11:00. let's switch gears and talk about the weather. ugh is the word. first the rain and now we're gearing up for what's going dob a very cold night. jeff ranieri has the very latest. jeff, what a change all of a sudden. >> a huge wakeup for a lot of us. some of you may not have wanted it, but others are saying finally, rain drops across the a area. this time last week, we did have showers. now dropping all the way to the upper 40s and low 50s for daytime highs. we had the wave of energy this morning. the cold front pushing to the south. now you can see the next batch on the top of your screen. that is this is upper level area of low pressure ha has a lot of the instability and already produced lightning strikes off to the north. we cannot rule out a few lightning strikes for tonight even right here across the area. you can see this batch here of areas of rainfall offshore. what we're going to find is scattered areas of rain that will continue in the forecast throughout tonight. we're track
. >> we'll have more on the mayor's state of the city tonight at 11:00. let's switch gears and talk about the weather. ugh is the word. first the rain and now we're gearing up for what's going dob a very cold night. jeff ranieri has the very latest. jeff, what a change all of a sudden. >> a huge wakeup for a lot of us. some of you may not have wanted it, but others are saying finally, rain drops across the a area. this time last week, we did have showers. now dropping all the way to...
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Feb 19, 2013
02/13
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WRC
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mayor vincent gray has two big names to lead the search for the city's next chief financial officer. former d.c. mayor anthony williams and former presidential budget director rivlin. gray named them both today to head a committee to replace dr. gandhi. he is leaving the office in june. he announced the district has a $400 million surplus. >>> up next on news4 a new twist in a murder case in reston. new details about the vick dim. >>> we will tell you how students in fairfax county are honoring survivors of world war ii. >> coming up in sports, rg3 says he's ready for week one. sort of. we will explain. fresh off their win against duke, the terps hit the road as they march to march madness. plus, bryce harper receive as new honor. what he has >>> neighbors are being credited with helping a man escape a fire in bowie, maryland, this morning. it happened just before 5:00 in the morning. neighbors bang order the man's door so he could get out. he was not hurt. >>> an emotional start for the trial after accused of killing a mother and daughter in prince george's county. police found thei
mayor vincent gray has two big names to lead the search for the city's next chief financial officer. former d.c. mayor anthony williams and former presidential budget director rivlin. gray named them both today to head a committee to replace dr. gandhi. he is leaving the office in june. he announced the district has a $400 million surplus. >>> up next on news4 a new twist in a murder case in reston. new details about the vick dim. >>> we will tell you how students in fairfax...
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Feb 28, 2013
02/13
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but the conversation always seems to center around the banks, the the citi's, the morgans. >> if you look at xlf, for instance, it's trading right below its recent high, if that breaks out above that, if that's working, you don't need to look elsewhere. it's working right now so you can look at the goldmans and they are working. >> you'll get more leverage and joe has been on regions. >> the largely capital banks are not. they have spun off those units so when you see stock markets acting as cooperatively as they have been, when you see in-flows charging into bonds and stocks, issuance up, deals happening, that favors the goldmans, the morgan stanleys. that's why we emphasize them and why they have been leading. there's going to be a second leg to this story and it probably won't just be capital markets. it will be wage growth. i will start looking elsewhere. >> one other name. comerica, you're having a nice recovery. regional banks, incredible source of opportunity. >> all right. not so fast, mike murphy. my traders are quick but they are not always right and last month mike gave a
but the conversation always seems to center around the banks, the the citi's, the morgans. >> if you look at xlf, for instance, it's trading right below its recent high, if that breaks out above that, if that's working, you don't need to look elsewhere. it's working right now so you can look at the goldmans and they are working. >> you'll get more leverage and joe has been on regions. >> the largely capital banks are not. they have spun off those units so when you see stock...
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Feb 26, 2013
02/13
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CNBC
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the ten-city composite up 5.9%. the 20-city composite up 6.8%. david blitzer is the chairman of the s&p 500 index committee. david, welcome back. good morning. >> good morning. >> pretty good numbers to close out the year. people still trying to get their arms around how distressed properties are moving some of these prices, especially in key markets. >> that's right. i think the overall picture is very, very strong. the national index, which is up 7.3% for the four quarters, ended with the end of 2012. so really, all across the country things look good. only one city of all 20 was down on the year-over-year basis. >> still, though, i'm told the index is heavily skewed by the share of distressed. that's why atlanta could be down 17%. and now up 10% year-over-year. are these numbers, are they reflective of what's happening with real buyers? >> yes, i think they are reflective of what's actually happening with real buyers. what we've seen in city after city over the last couple of years is the city will get hit with a wave of foreclosure activity.
the ten-city composite up 5.9%. the 20-city composite up 6.8%. david blitzer is the chairman of the s&p 500 index committee. david, welcome back. good morning. >> good morning. >> pretty good numbers to close out the year. people still trying to get their arms around how distressed properties are moving some of these prices, especially in key markets. >> that's right. i think the overall picture is very, very strong. the national index, which is up 7.3% for the four...
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Feb 12, 2013
02/13
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WUSA
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not far from the obama's chicago home, an innocent victim of the city's gang wars. today two suspects were ordered held without bail and dean reynolds has more. >> reporter: chicago detectives flooded the area of the city park where hadiya pendleton was killed last month and they were led to the suspects with the help of surveillance videos and interviews with parolees in the neighborhood. alleged gang members michael ward, 18, who police say has already confessed; and kenneth williams, 20, were picked up saturday night and charged on monday. chicago police superintendent gary mccarthy. >> they thought the group they shot into included members of a rival gang. instead it was a group of upstanding, determined kids like hadiya who were repulsed by the gang life-style. i haeurbgs dia's parents, invited to the state of the union in washington, were relieved. collie patry cowly is her mother. >> i can't close the book on my child but i'm very excited that the murderers who hurt my baby have been caught. >> reporter: ward, the alleged triggerman, has a long criminal recor
not far from the obama's chicago home, an innocent victim of the city's gang wars. today two suspects were ordered held without bail and dean reynolds has more. >> reporter: chicago detectives flooded the area of the city park where hadiya pendleton was killed last month and they were led to the suspects with the help of surveillance videos and interviews with parolees in the neighborhood. alleged gang members michael ward, 18, who police say has already confessed; and kenneth williams,...
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Feb 19, 2013
02/13
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CNBC
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the bigger the better, they like citi, they like bank of america. that's a pretty significant line in the stand. i don't know a lot of people that are long on the stock that are looking to part with it just yet. it really seems to be strong, even on down days. >> interesting you say that because, weis, you're one of those. you're long and you have no plans to bail. >> i don't. i'm till positive on the economy. net interest margins will increase and you'll make more money. i think you're seeing a turn in m&a also. >> until that dynamic change, i'm not sure why anyone would want to walk away. >> best buy is getting a boost today, also getting an upgrade. stocks having a nice move. >> the stock was left for dead last year. fourth quarter sales were a little better than people expected, that showed some stabilization, which was positive. and steefle also making a call on management doing a much better job. the risk is the same it's been. google is getting into retail, apple has eaten their lrcunch. i would take profits and gets out of this. i don't see
the bigger the better, they like citi, they like bank of america. that's a pretty significant line in the stand. i don't know a lot of people that are long on the stock that are looking to part with it just yet. it really seems to be strong, even on down days. >> interesting you say that because, weis, you're one of those. you're long and you have no plans to bail. >> i don't. i'm till positive on the economy. net interest margins will increase and you'll make more money. i think...
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Feb 25, 2013
02/13
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tier one cities, the 25 million plus population cities, they're maturing. but the tier two and three cities, the stiffs that are only 10 million or 5 million populations, those are huge cities by western standards, there's a lot of growth going on there. the infrastructure growth in china's going on, they have 50 years of runway to come close to where europe and north america are right now. the chinese are thinking across multiple decades and generations. we're thinking across multiple decades and generations. we're not thinking about what's next week. so, we're building for the long-term. >> so, let me ask you, for your u.s. customer, which effects her most, stock market levels, employ or housing? what's the most relevant factor, or some other? >> from what we can understand, the behavior of the consumer, employment, number one. spousal partner employment number two, maybe housing as an indicator whether they have disposal income three, stock market doesn't seem to say, stock market's up today, i'm buying something tomorrow. i don't believe that's an influ
tier one cities, the 25 million plus population cities, they're maturing. but the tier two and three cities, the stiffs that are only 10 million or 5 million populations, those are huge cities by western standards, there's a lot of growth going on there. the infrastructure growth in china's going on, they have 50 years of runway to come close to where europe and north america are right now. the chinese are thinking across multiple decades and generations. we're thinking across multiple decades...
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Feb 21, 2013
02/13
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CNBC
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> power lunch top of the hour. what the fear index, the vix, is telling the smart money. should you run, not walk, from this stock market? remember enron? are american 401(k) investors making the same now by investing too much money in their company's stock for their own good and their own retirement? and what ceos are making these days. >> let's take a look at the vix rising as stocks sit near the low of the day. what are you making, doc, of the move we're seeing over the last couple of days. you have the fear gauge rising significantly today. >> it's an indication, scott, that not enough people have protection going into sequestration next week. yesterday just ahead of the fed minutes where they talked about perhaps slowing the pace of those asset purchases and, again, that was not a unanimous opinion, that was just part of that statement yesterday, you saw 40,000 of the at the money 15 puts trade very quickly, went from 95 cents to $1.40 yesterday, moving up to
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> power lunch top of the hour. what the fear index, the vix, is telling the smart money. should you run, not walk, from this stock market? remember enron? are american 401(k) investors making the same now by investing too much money in their company's stock for their own good and their own retirement? and what ceos are making these days. >> let's take a look at the vix...